Latest News from IBI
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De Wave invests €10m in new facility as group targets further growth
The marine interiors specialist will consolidate four Monfalcone operations at the new site and plans to hire 150 employees over the next two years
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Manoel Island marina to remain as Transport Malta prepares new concession
Maltese government confirms yacht marina and yacht yard will be retained following the end of the wider MIDI concession
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AkzoNobel and Axalta shareholders approve merger of their companies
Shareholders overwhelmingly back merger creating the world’s second-largest paints and coatings manufacturer
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Polish RIB producer shifts production to fishing craft amid booming demand
Cavo Marine is planning to broaden its portfolio of craft for fishing enthusiasts next year
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Getting noticed in the DAME Design Awards 2026
The awards at Metstrade offer exhibitors the opportunity to showcase their latest products to an international audience of marine industry professionals. With strong competition across every category, these 10 pointers will help you create an entry that clearly communicates the design strengths and commercial potential of your product
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Crest and Balise to offer Savvy Navvy with Apple CarPlay and Android Auto on 2027 models
MasterCraft Boat Holdings’ pontoon brands will introduce integrated navigation via Apple CarPlay and Android Auto as standard on selected models
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Sirena Yachts USA undergoes leadership transition
The former US operations chief moves into an advisory role as a new leader takes charge of the company’s North American growth strategy
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Olympic Yacht Show 2026 attracts interest from more than 100 yachts
Early exhibitor demand points to continued growth for the Greek in-water show, which returns to Olympic Marine in October
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New leadership breathes new life into Royal Balk Shipyard
With new Dutch ownership, Royal Balk Shipyard is building on more than two centuries of heritage to grow its specialist refit and recraft business
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Sterk Yachts begins European testing of Vision Marine electric propulsion system
The integration programme aboard the Sterk 26E builds on the partners’ exclusive supply agreement and will evaluate the E-Motion 180E under European operating conditions
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Singapore Yachting Festival announces expanded 2027 format
The event will return in April 2027 with a new consumer-focused format designed to increase visitor engagement, attract qualified buyers and strengthen opportunities for exhibitors across the marine and luxury lifestyle sectors
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US bank enters yacht finance market
Peapack-Gladstone has begun offering specialised yacht finance for HNWIs
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Polboat Yachting Festival hosts 20 boat premieres amid improving industry outlook
This year’s edition of the Polish boat show showcased more than 110 craft
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Smartgyro appoints All Points Boats as South Florida partner
Smartgyro has expanded its US dealer and service network through the partnership with All Points Boats, which will provide sales, installation and after-sales support for the company’s range of marine stabilisation systems in South Florida
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Polish builder launches e-catamaran for disabled boaters
The electric cat can accommodate up to six people, including four wheelchair users
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Gemeco opens registration for 2026 marine electronics training event
The US marine electronics distributor is inviting dealers, installers and boatbuilders to attend its annual Technical Training Event in South Carolina, offering four certification programmes
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SilverCat broadens international dealer reach
IBI’s Middle East correspondent visited SilverCat’s production facility in July as the Gulf Craft Group brand continues to expand its international distribution network, increase production capacity and target new dealer appointments in South-East Asia
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Saxdor expands Americas dealer network with appointments in Argentina and Canada
The Finnish builder has entered the Argentinian market while strengthening its Canadian presence through two new dealer partnerships
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Ancasta creates group brokerage role to support UK and European growth
The UK dealer and brokerage has appointed Rob Seabourne to strengthen operations across its 22-office network in the UK and Europe
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Michael Schmidt & Partner rebrands as Inspiration Marine Group
Brokerage business adopts parent company’s name as group brings sail, power and brokerage operations under a single brand
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Two Oceans Marine completes NSRI Offshore Rescue Craft series
The purpose-built, self-righting 14.8m ORCs are engineered for extreme sea conditions with a 40-year operational lifespan
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Balkans Sea Fair grows as Albania boosts Mediterranean yachting presence
This year’s event returns to Marina Orikum in October with an expanded exhibition, Blue Economy Summit, and international yacht builders
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Beneteau first-half revenues: IBI comments
Concerns over Middle East conflict continue to weigh on growth
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Informa Prestige launches The Future of Refit, debuting in Monaco in 2027
The exhibition and conference will target the growing global superyacht refit and maintenance market with a specialist industry platform
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Fairline boosts European dealer network with Yachthub Group addition
Partnership expands UK builder’s presence into Malta and nine Adriatic territories
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New owners of Your Boat Club sell Minnesota marina to reduce debt
YBC has a fleet of around 350 boats across Minnesota, Florida, Illinois, and Wisconsin
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Rolls-Royce H1 profit surges 46% on transformation gains
The London-listed group, whose Power Systems division owns mtu, raised full-year profit guidance to £4.7bn-£4.9bn after a strong first half
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Mercury Marine, Telwater extend exclusive BMT partnership
Agreement will see Mercury remain the exclusive outboard supplier for Telwater’s boat, motor and trailer packages in Australia until 2029
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Cyclops Marine rebrands as Cyclops Global following diversification
The UK wireless load sensor manufacturer has consolidated three brands under one corporate entity as it diversifies beyond marine
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Highfield dealer meeting outgrows hometown
Dealers will gather at Chicago’s Navy Pier Marina from 25-26 August instead of Cadillac, Michigan
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ICOMIA creates new partnerships role to strengthen global member engagement
Romina Bompani has been appointed head of partnerships to expand strategic collaborations across the global recreational marine industry
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Reboat raises funding to expand sailboat refurbishment operations
French company plans to grow its Lorient facility, open a Mediterranean site and scale output to 30 boats by 2027
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MB92 Barcelona secures concession extension to 2050
Expansion backed by €40m infrastructure investment
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Ferretti delivers strong cash generation in H1 2026 despite 5.6% revenue decline
New CEO Stassi Anastassov acknowledged a more challenging commercial environment but emphasised the group’s strong balance sheet and operational capabilities
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Sunreef Yachts, Brabus unveil the new Brabus Ultima 55
IBI’s Middle East correspondent previewed the vessel in Dubai this June, ahead of its official launch this week
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Japanese quake could put pressure on semiconductor market; factory shutdowns across industry groups
Yamaha Marine has temporarily halted production at its two Kumamoto Prefecture facilities which manufacture outboard motors and related marine products
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Bellini Nautica raises €2.3m through share placing to support expansion
Italian builder will use the proceeds to expand production capacity, invest in technology and advance its industrial plan
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Lengers Yachts declared bankrupt
The Dutch yacht dealer represented brands including Sanlorenzo, Bluegame, Prestige, SACS, and Pirelli Speedboats
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Callegari RIBs acquires Italian tender specialist
Production of 50-60 tenders annually to be consolidated at Callegari’s Anagni facility
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Catamaran Guru expands into Caribbean
US dealer establishes its first dedicated Caribbean office through Virgin Island Yacht Brokers integration
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ICOMIA, MPN and 11th Hour Racing partner to protect Posidonia seagrass in the Med
High-resolution Posidonia mapping will be available through chart plotters and boating apps, enabling responsible navigation and habitat protection
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Patrick reports 22% marine segment growth in solid Q2
Marine segment gains help offset RV sector decreases as US components supplier tightens full-year guidance
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Mood Index: Economic sentiment, employment expectations rise in both EU and eurozone
The Economic Sentiment Indicator rose 1.5 points in July 2026, with employment expectations improving considerably across most sectors
News
Brunswick raises full-year guidance after strong second-quarter performance
US marine group reports higher revenue and earnings across all business segments for fourth consecutive quarter
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OneWater Marine reports mixed FQ3, “narrows” guidance
US boat retailer posts increased profitability despite lower Q3 sales
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Turkish equipment manufacturer invests $6.3m to double production capacity
Data Hidrolik is expanding its factory by 5,000m² and establishing a new subsidiary focused on after-sales services and spare parts
News
Barrus names new R&D manager
Internal promotion follows the retirement of Phil James after 28 years with the UK engineering and distribution company
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